Sentences with phrase «private money lenders charge»

The rates that private money lenders charge aren't cheap.

Not exact matches

The only difference with banks is that private lenders charge high interests to make sure they get as much money back as possible before a borrower fails to pay.

Loan Fee — Often called points, loan fees are charged by the private money lender at the time of closing and are deducted from the principal amount of the loan.

My point was that a) Upfront fees are unusual for «Private Lenders», and b) If they are charging up front fees, they are Hard Money Lenders (HML), or as you conclude, «scammers».